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Stepping Stones Charter Elementary

Also known as Step Charter School

Houston, TX · EIN 33-1073903 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

Stepping Stones Charter Elementary reported $10.9 million in revenue and $10.6 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $85.51 went to program services, $14.49 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 72.8% of the total. Government grants made up 19.2%. The highest compensation it reported for one person was $180,810 (SUPERINTENDENT). 1 person received more than $100,000 in reportable compensation. Revenue rose 66% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
24.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
19.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
72.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$180,810$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.70%1.28%
People paid over $100,000
Part VII, line 2
18
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.813.3
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$9.1M expenses · 100.0% of program spending · revenue $7.9M

Open enrollment public Charter Elementary school - grades pre-k through 8th

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SUPERINTENDENT
Officer, 40.00 hrs/week
$180,810$0$0$180,810

1 people received more than $100,000 in reportable compensation from Stepping Stones Charter Elementary (Part VII, line 2). Compensation of current officers, directors and key employees totaled $177K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$11M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$11M85.5%$2.5M$180,810
FY2024 ⓘ$10M$9.7M81.8%$2.2M$186,686
FY2023 ⓘ$9.0M$8.9M74.7%$1.8M$186,700
FY2022 ⓘ$8.3M$8.2M76.4%$1.7M$172,533
FY2021 ⓘ$7.7M$7.0M75.5%$1.5M$168,925
FY2020 ⓘ$6.6M$6.8M75.5%$883K$156,917

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5116
  • Volunteers Part I, line 65

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
THE HEALTHY LUNCHBOX
Food for cnp
$807,448
PETEREIT INVESTMENTS
Building rent - 8282 bissonnet
$409,406
THE WALDEN SCHOOL INC
Building rent - 11250 s. Wilcrest
$282,050
ASANTOS REMODELING
Facilities remodeling
$210,729

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Stepping Stones Charter Elementary totaling $150K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Stepping Stones Charter Elementary's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Stepping Stones Charter Elementary, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Texas

Questions people ask

How much of Stepping Stones Charter Elementary's spending goes to programs?

In the fiscal year ending August 31, 2025, Stepping Stones Charter Elementary reported that 85.5% of its $10.6 million in expenses went to program services, 14.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Stepping Stones Charter Elementary pay its top executive?

The largest total compensation Stepping Stones Charter Elementary reported for one person in the fiscal year ending August 31, 2025 was $180,810, for the role of SUPERINTENDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Stepping Stones Charter Elementary get its money?

Of $10.9 million in revenue in the fiscal year ending August 31, 2025, 24.5% came from contributions and grants (including 19.2% from government grants) and 72.8% from program service revenue (Form 990, Part VIII).

Is Stepping Stones Charter Elementary a registered charity?

The IRS lists EIN 33-1073903 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202631969349301008 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202541959349300974 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202421069349301317 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202331019349301213 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202241319349304159 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202141059349300314 · read the filing

All filings for EIN 33-1073903: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.